CART Options History — November 2024

In November 2024, CART traded between $40.95 and $49.05. ATM implied volatility averaged 44.6%, placing in the 15.9% IV rank vs the trailing year. The 30-day expected move averaged 12.5%. IV traded above realized volatility by 2.0% (HV 20d: 42.5%). Max pain ranged from $42.00 to $46.00. Net GEX was positive for 16 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 1.25.

Notable Days

  • 2024-11-13: Highest Volume — 47,659 contracts
  • 2024-11-13: Largest IV drop — 31.9% change
  • 2024-11-12: Highest IV Rank — 31.8%
  • 2024-11-01: Largest Expected Move — 18.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.35$40.95$49.05$44.77$43.52
Max Pain$43.65$42.00$46.00$42.00$43.00
ATM IV44.6%36.5%58.9%52.8%36.5%
Expected Move12.5%10.5%18.3%18.3%10.6%
HV 20d42.5%21.0%55.9%29.2%55.3%
HV 60d39.0%32.6%43.6%32.6%42.3%
IV Rank15.9%7.0%31.8%25.0%7.0%
IV Percentile39.8%11.5%84.9%66.7%12.3%
Term Structure-1.2%-13.9%5.5%-0.9%1.8%
VWIV43.8%36.1%63.6%63.6%37.9%
Skew 25d2.9%-4.0%25.0%1.9%1.0%
Skew 10d1.9%-25.4%28.6%-12.4%2.7%
Call IV 25d43.0%28.2%64.6%52.3%35.7%
Put IV 25d45.9%36.7%60.6%54.2%36.7%
Bid-Ask Spread %34.6018.5851.4638.7751.46
Gamma HHI0.120.070.290.200.09
Net GEX337.7K-6.6M2.5M1.9M1.5M
Net DEX-69.7M-133.3M18.6M-85.6M-71.2M
Net VEX-378.4K-417.6K-352.0K-404.5K-366.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.250.207.470.201.35
Total Volume10,249.61,45347,6593,6171,842
Total OI89,297.671,772134,52087,91174,740

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-11-01$44.77$42.0052.8%18.3%29.2%25.0%63.6%1.9%-0.9%1.9M-85.6M-404.5K0.2038.77N/AN/A3,01660140,13147,780
2024-11-04$44.69$43.0056.3%14.6%26.6%28.9%50.9%1.7%-13.9%677.1K-78.6M-390.3K1.4018.58N/AN/A8211,14937,32245,406
2024-11-05$45.55$43.0053.9%14.4%21.0%26.3%50.1%25.0%-3.9%923.9K-88.8M-384.1K0.5128.73N/AN/A96448937,41846,409
2024-11-06$47.56$43.0052.5%14.1%25.6%24.8%49.8%2.2%-7.8%1.6M-115.2M-354.7K0.7026.50N/AN/A4,2612,96237,70146,593
2024-11-07$49.05$44.0053.7%14.5%24.7%26.1%44.8%3.3%-6.0%1.3M-133.3M-382.3K0.3746.58N/AN/A2,8411,03940,18548,705
2024-11-08$47.56$44.0053.1%14.5%27.8%25.4%51.3%1.3%-2.4%1.6M-119.2M-393.2K0.4327.96N/AN/A2,04887841,44948,723
2024-11-11$47.75$44.0051.2%14.7%27.5%23.3%51.6%12.7%5.5%1.2M-117.6M-382.4K7.4731.39N/AN/A3,09523,11640,48547,433
2024-11-12$48.13$44.0058.9%16.2%27.2%31.8%56.2%-4.0%-0.5%-536.2K-104.4M-407.5K0.9422.97N/AN/A19,55218,47242,01665,269
2024-11-13$43.00$46.0040.1%11.3%49.8%11.0%39.7%0.9%-0.7%-6.5M-3.4M-417.6K1.3023.55N/AN/A20,75526,90458,84075,680
2024-11-14$42.73$44.0044.5%10.5%49.8%15.9%37.0%4.4%1.0%-6.6M-5.3M-370.5K2.9825.23N/AN/A3,99911,92760,00073,269
2024-11-15$41.40$44.0039.1%11.0%51.1%9.9%38.8%4.5%-2.3%-3.1M18.6M-356.9K3.5324.31N/AN/A4,77616,87960,54767,690
2024-11-18$40.95$45.0037.6%10.8%51.2%8.2%38.6%0.9%-1.1%1.2M-38.6M-352.0K1.2532.45N/AN/A2,5343,15943,04528,727
2024-11-19$42.75$44.0037.3%10.7%52.3%7.9%38.0%-0.0%4.9%1.5M-60.3M-370.5K0.3539.83N/AN/A2,80197243,77330,907
2024-11-20$41.33$44.0038.6%11.1%53.5%9.4%39.0%0.1%5.1%1.1M-43.7M-367.9K0.3733.55N/AN/A2,63696744,97330,901
2024-11-21$43.13$44.0037.9%10.9%55.9%8.5%38.2%0.5%-0.5%2.3M-72.8M-373.4K0.5440.61N/AN/A4,9892,69846,64731,232
2024-11-22$43.18$43.0037.0%10.7%55.6%7.5%38.1%0.9%-1.2%2.5M-69.8M-381.2K0.4139.54N/AN/A2,28993247,09533,018
2024-11-25$43.38$43.0037.3%10.7%55.6%7.9%39.0%-1.1%-1.1%1.5M-68.7M-373.5K0.3442.91N/AN/A3,5911,21242,05230,811
2024-11-26$43.27$43.0036.6%10.5%55.5%7.2%36.1%0.8%0.4%1.4M-67.4M-370.3K0.3548.58N/AN/A1,56054242,67731,738
2024-11-27$43.26$43.0036.5%10.5%55.3%7.0%36.6%0.3%-0.3%1.3M-67.7M-368.9K0.2248.52N/AN/A1,41331142,86431,701
2024-11-29$43.52$43.0036.5%10.6%55.3%7.0%37.9%1.0%1.8%1.5M-71.2M-366.0K1.3551.46N/AN/A7841,05843,04231,698